Secure Computing Will Buy
Enigma Logic for $71.3 Million

Dow Jones News Services

Updated June 26, 1996 10:45 a.m. ET

Secure Computing Corp., maker of computer-networking security systems, continued its recent buying spree by agreeing to acquire closely held software developer Enigma Logic in a stock deal the two companies valued at $71.3 million.

Secure Computing said it will exchange 2.7 million shares for Enigma, which is based in Concord, Calif. Enigma will operate as a wholly-owned unit of Secure Computing, while Enigma President and Chief...